In the wake of the increase in Current Liabilities in the second quarter 2024, Quick Ratio fell to 0 a new company low.

Within Legal Cannabis industry 17 other companies have achieved higher Quick Ratio than American Cannabis Inc in second quarter 2024. While Quick Ratio total ranking in the second quarter 2024 has deteriorated compared to the prior quarter from 3408 to 4658.

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AMMJ Quick Ratio	(Jun 30 2024) Q2	(Mar 31 2024) Q1	(Dec 31 2023) Q4	(Sep 30 2023) Q3	(Jun 30 2023) Q2
Y / Y Current Liabilities Change	1.29 %	19.34 %	3.25 %	71.54 %	60.32 %
Y / Y Cash & cash equivalent Change	-91.45 %	-75.72 %	-78.08 %	-90.81 %	-88.33 %
Quick Ratio MRQ	0	0.01	0.01	0.01	0.05
AMMJ's Total Ranking	# 4658	# 3408	# 3835	# 4966	# 4208
Seq. Current Liabilities Change	1.96 %	-0.62 %	4.94 %	-4.75 %	20.13 %
Seq. Cash & cash equivalent Change	-45.48 %	-40.76 %	46.53 %	-81.94 %	54.84 %

Quick Ratio second quarter 2024 Company Ranking
Within:	No.
Legal Cannabis Industry	# 18
Consumer Non Cyclical Sector	# 163
Overall Market	# 4658

Quick Ratio Statistics
High	Average	Low
53.88	3.45	0
(Sep 30 2017)		(Jun 30 2024)

Financial Statements
American Cannabis Inc 's Current Liabilities	$ 2 Millions	Visit AMMJ's Balance sheet
American Cannabis Inc 's Cash & cash equivalent	$ 0 Millions	Visit AMMJ's Balance sheet
Source of AMMJ's Sales		Visit AMMJ's Sales by Geography

Cumulative American Cannabis Inc 's Quick Ratio

AMMJ's Quick Ratio for the trailling 12 Months

AMMJ Quick Ratio	(Jun 30 2024) 12 Months	(Mar 31 2024) 12 Months	(Dec 31 2023) 12 Months	(Sep 30 2023) 12 Months	(Jun 30 2023) 12 Months
Y / Y Current Liabilities TTM Growth	17.96 %	32.42 %	-30.03 %	-29.59 %	-39.36 %
Y / Y Cash & cash equivalent TTM Growth	-85.73 %	-87.07 %	-96.12 %	-94.89 %	-92.7 %
Quick Ratio TTM	0.01	0.02	0.03	0.04	0.07
Total Ranking TTM	# 4167	# 3039	# 2938	# 3818	# 3928
Seq. Current Liabilities TTM Growth	0.33 %	4.25 %	0.84 %	11.84 %	12.63 %
Seq. Cash & cash equivalent TTM Growth	-57.08 %	-23.39 %	-31.07 %	-37.04 %	-61.1 %

Quick ratio ranking by company, industry and sector >> Back to AMMJ Financial Strength Comparisons >> Go to Compare AMMJ Quick Ratio to its Competitors

On the trailing twelve months basis Due to rise in Current Liabilities in the Q2 2024 to $2.20 millions, cumulative Quick Ratio decreased to 0.01 below the American Cannabis Company Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Legal Cannabis industry 24 other companies have achieved higher Quick Ratio than American Cannabis Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2024 from 3039 to 4167.

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How much Cash & cash equivalents AMMJ�s has?
What are AMMJ�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Legal Cannabis Industry	# 25
Consumer Non Cyclical Sector	# 195
Within the Market	# 4167

trailing twelve months Quick Ratio Statistics
High	Average	Low
5.63	2.06	0.01
(Dec 31 2018)		(Jun 30 2024)

Companies with similar Quick Ratio in the quarter ending Jun 30 2024, within Legal Cannabis Industry	Quick Ratio	Jun 30 2024 MRQ Cash & cash equivalent	Jun 30 2024 MRQ Current Liabilities
American Cannabis Company Inc	0.00	$ 0.009 Millions	$ 2.196 Millions
Smart For Life Inc	0.00	$ 0.032 Millions	$ 11.598 Millions
Twinlab Consolidated Holdings Inc	0.00	$ 0.265 Millions	$ 148.269 Millions
Nutra Pharma Corp	0.00	$ 0.026 Millions	$ 15.000 Millions

Date modified: 2026-09-12T06:21:13+00:00

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